Korea Real Estate

South Korea real estate news — housing prices, property policy, and the construction market.

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Kang Dong-hyuk Shifts Attack to Property, Blames Lee for "Real Estate Hell"

PPP leader Kang Dong-hyuk shifts his party's fight against the government to real estate, blaming the Lee Jae-myung administration for an 11% rise in Seoul apartment prices and criticizing the tax reform proposal.

Published 2026.08.07. 18:00:46

Good Intentions, Bad Outcomes: The Paradox of Korea's Property Rules

A Korean real estate professor argues property policies often backfire, citing tenant protection laws and one-home-per-household rules as examples of…

Published 2026.08.24. 18:11:07

Lee Urges Bold Action on Housing Supply, Rejecting Old Mindset

President Lee Jae-myung chaired a six-hour second meeting on real estate policy, urging bold action on housing supply and reviewing greenbelt and financial support measures.

Published 2026.08.07. 20:36:50

Non-Homeowner Tax Break at Center of Korea's Property Tax Overhaul

Korea weighs raising the property tax deduction for single-home owners who don't live in their home to 1.2 or 1.4 billion won, a decision headed to…

Published 2026.08.25. 10:00:05

Ruling Party to Finalize Tax Overhaul This Month as Backlash Mounts

South Korea's Democratic Party will revise the government's tax overhaul by month's end after a backlash, with 2,661 comments filed on the real estate tax.

Published 2026.08.09. 18:18:32

Korea Weighs Higher Tax Exemption for Single-Home Owners

Korea's ruling party and government will reverse a plan to raise property taxes on non-resident single-home owners amid falling approval ratings.

Published 2026.08.23. 18:15:53

Ruling Party Pushes Back on Government Property Tax Overhaul

South Korea's ruling Democratic Party pushes back on the government's property tax overhaul as leadership contender Song Young-gil warns of shrinking…

Published 2026.08.13. 06:50:05

Opposition Leader Urges Cabinet Overhaul, Slams Housing Policy for Failing Young Koreans

Opposition floor leader Jeong Jom-sik urged President Lee Jae-myung to scrap his real estate policy and overhaul the cabinet, saying the government has…

Published 2026.08.10. 10:43:42

Rattled by Party Exits, Government Weighs Loosening Home Loans, Boosting Redevelopment

Rattled by party-exit selfies over its real estate tax reform, Korea's government and ruling party weigh looser home loans for youth and non-homeowners and revitalizing redevelopment.

Published 2026.08.07. 18:49:31

Cho Kuk Slams Democrats' Move to Ease Property Tax on Wealthy

Cho Kuk criticized the Democratic Party's move to ease the comprehensive real estate tax, warning it amounts to "politics for the 1%."

Published 2026.08.25. 16:48:25

Lee Vows All-Out Housing Supply Push, Even Revising Laws to Secure Land

President Lee Jae-myung called real estate a core problem for South Korea, vowing an all-out housing supply push and pledging to revise laws to secure…

Published 2026.08.13. 14:09:18

Time for 'Just Cooperate' to Boost Housing Supply

A commentary argues that Korea's central and local governments must cooperate to expand housing supply, easing relocation loan rules and speeding urban redevelopment rather than shaking the ultra-high-end market.

Published 2026.08.02. 17:59:38

Korea's Ruling Party Presses Government to Rethink Property Tax Overhaul

Korea's ruling Democratic Party urged the government to rethink its property tax overhaul, warning that taxing homeowners who don't live in their own homes could push up rents.

Published 2026.08.24. 24:01:05

Democratic Party Leader Urges More Debate on Property Tax Overhaul

Democratic Party leader Kim Min-seok urged thorough debate on Korea's property tax overhaul and broader recognition of reasons single-home owners may not…

Published 2026.08.23. 11:28:01

Korea's Ruling Bloc Revisits Property Tax Reform 20 Days After Unveiling

Korea's ruling bloc is revisiting its property tax reform 20 days after unveiling it, weighing a higher deduction for single non-resident homeowners.

Published 2026.08.24. 10:00:05

Korea Reverses Property Tax Plan 20 Days After Announcement

South Korea's ruling party and government moved to reconsider a property tax overhaul just 20 days after announcing it, easing plans for non-resident…

Published 2026.08.24. 06:30:05

Gangnam-gu to Train Real Estate Agents on E-Contracts

Seoul's Gangnam-gu will train licensed and affiliated real estate agents on statutory rules, electronic contracts and preventing false advertising.

Published 2026.08.20. 17:01:58

Ruling, Opposition Parties Agree to Pass Urban Redevelopment Bill Next Week

Korea's rival parties agreed to pass an urban redevelopment bill next week, raising density caps for private projects as high-end Gangnam prices correct.

Published 2026.08.21. 10:00:05

Korea PM Vows 'All Available Means' to Speed Up Housing Supply

Korea's PM vowed to use all means to speed up housing supply as bank delinquency hit 0.56%, the highest since 2016, and producer prices fell.

Published 2026.08.22. 09:10:25

Hasty Real Estate Tax Fixes Risk Deepening Public Confusion

A Seoul Economic Daily editorial warns that hasty fixes to Korea's 2026 real estate tax reform, reversed just four days after announcement, risk deepening public confusion and repeating past policy failures.

Published 2026.08.08. 24:01:05

Scripted Property Forum Backfires: Losing Public Trust Won't Curb Home Prices

Korea's property forum chaired by President Lee Jae-myung backfires as tax-focused policy draws criticism. His approval rating fell 2.1 points to 46.3%, signaling the need for fundamental policy change.

Published 2026.07.28. 24:01:05

Korea Weighs Ending Tax Gap Between Resident and Non-Resident Homeowners

Korea's ruling party and government are revising a property tax plan to ease the burden on single-home owners who do not live in their property.

Published 2026.08.23. 18:25:36

New Guidebook Helps Novices Buy First Home Through Property Auctions

A new guidebook by GG Auction adviser Lee Ju-hyun teaches novices how to buy a first home through property auctions with limited cash.

Published 2026.08.22. 10:10:05

Ruling Party Whip Opposes Higher Property Tax Cap in Korea

Ruling party whip Oh Ki-hyung opposes raising Korea's property tax burden cap to 200% and calls for equal deductions for single-home owners.

Published 2026.08.25. 09:57:21

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